Armistice Capital reports 5.23% stake in Verastem
Verastem, Inc. Schedule 13G/A: Armistice Capital, LLC and Steven Boyd report beneficial ownership of 4,592,000 shares of Verastem common stock, equal to 5.23% of the class as of 03/31/2026.
Rhea-AI Filing Summary
Verastem, Inc. Schedule 13G/A: Armistice Capital, LLC and Steven Boyd report beneficial ownership of 4,592,000 shares of Verastem common stock, equal to 5.23% of the class as of 03/31/2026. The filing states Armistice Capital, as investment manager to Armistice Capital Master Fund Ltd. (the Master Fund), shares voting and dispositive power over those shares; the Master Fund disclaims beneficial ownership by virtue of the Investment Management Agreement. The statement is a joint filing by Armistice Capital and Steven Boyd and lists shared voting and dispositive power of 4,592,000 shares.
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Insights
Armistice reports a passive, >5% stake in Verastem via managed fund.
Armistice Capital and Steven Boyd disclose beneficial ownership of 4,592,000 shares representing 5.23% as of 03/31/2026. The filing records shared voting and dispositive power through the Investment Management Agreement with the Master Fund.
Practical implications depend on future Schedule 13 filings or transactions; subsequent amendments would show any change in ownership or voting intent.
Filing follows Schedule 13G/A disclosure mechanics for a reporting investment manager.
The statement identifies Armistice Capital as the investment manager and Mr. Boyd as managing member, attributing beneficial ownership based on voting and investment power exercised for the Master Fund. The Master Fund’s disclaimer regarding direct beneficial ownership is included per the Investment Management Agreement language.
Future material changes in percent ownership or voting power would require amended filings under the reporting rules.
Key Figures
Key Terms
beneficially owned regulatory
Investment Management Agreement regulatory
Schedule 13G/A regulatory
FAQ
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What stake does Armistice Capital report in Verastem (VSTM)?
Is this filing an acquisition or an active trading disclosure?
Will Armistice’s reporting require future amendments?
AI-generated analysis. How Rhea-AI works. Not financial advice.